Mmm, fresh asphalt

Couple of interesting reads from this week.

I’m surprised that the USPS is still in business…
Is Amazon Plotting an Air War on FedEx? – Don Reisinger – Fortune

What’s the future of the 30-second TV commercial?
Why Ruby Tuesday is putting all its chips on social marketing – Yuyu Chen

Sorry if I don’t pick up the phone some times!
The Not-To-Do List: 9 Habits to Stop Now – Tim Ferriss

Yeah but AMC+Carmike still won’t be as awesome as Knoxville based Regal.
U.S. Movie Theater Chains Consolidating Almost as Fast as CRE Brokerage Firms – Tim Trainor – Costar

Get ready for big changes in student housing at UTK.
Student Housing | As off-campus housing changes communities, asset-rich investors vie for the best properties – Sara Patterson – CIRE

Photo: Knoxville friends, the driveway is finally fixed!

Why aren’t you getting up early?

Interesting stuff from this week.

Dear Santa, I want a new DJI Phanton 4…Video preview

Apartment-Building Boom Looks Set to Ease – Chris Kirkham – WSJ

New-Arena Sticker Shock – Joe Sullivan – Knoxville Mercury

Happy, Smart, and Useful – Derek Sivers

If you didn’t know… The Knoxville-Knox County Minimum Subdivision Regulations is undergoing a major overhaul. Learn more here and here.

Critical Things Ridiculously Successful People Do Before 8 AM – Dr. Travis Bradberry

This Is How You Identify A-Players (In About 10 Minutes) During An Interview – Mitchell Harper

13 major differences between successful and unsuccessful people – Jacquelyn Smith and Shana Lebowitz

/now, How is your commute going to change?

/now – If you’re interested in what I’m focused on these days check out my new “now” page, https://brianhtapp.com/now/. I plan on updating every once and a while. NowNowNow is an initiative of Derek Sivers and is pretty cool, learn more about it here: http://nownownow.com/about.

Transportation is going to be changing quick –  The Commute of the Future? Ford Is Working on It

Laundry detergent, who would have guessed? Amazon Helped Make This One of the Fastest-Growing E-Commerce Categories Last Year

This is hilarious – Peyton Manning Talks to Brother Eli’s Super Bowl Sad Face

Incredible zero gravity video – OK Go – Upside Down & Inside Out

Absolutely correct – Good Property Managers Can Prosper Whatever the Cycle

That’s me on a billboard on Kingston Pike near Harper Audi. That photo was taken a couple hours earlier after early voting. Who says digital billboards aren’t cool?

2,000+ Great Things Happening in Knoxville

Skyline of Knoxville from UT ccampus

Sunrise in Knoxville Tennessee and skyline

Concrete is Surprisingly Awesome

Gimlet Media, who produced the fantastic podcast, Startup has another hit in the making, Surprisingly Awesome. The latest episode, Concrete, is pretty awesome and should be relevant to the Knoxville area since we’ve got a bunch of limestone quarries which is the primary ingredient in cement.

What I’m Reading

I recently bought “The Power of Habit: Why We Do What Do in Life and  Business” by Charles Duhigg and so far it is a great read. If you are trying to transform anything (personal life, business, family, etc.) look at your habits first to get the ball rolling.

Quick Count of New Job Announcements

Over the past month or so, we have had a deluge of job announcements. I’ve rounded up what I could find and I came up with 1,941 new jobs. This number doesn’t include all of the restaurant openings and other announcements that didn’t have an actual count so I rounded up to 2,000+.

Pretty sure that the kayak manufacturer is the opening act… Kayak manufacturer to be at jobs announcement – Gerald Witt – Knoxville News Sentinel

General Graphene is going to do GREAT things! – Oak Ridge startup General Graphene nets $8.7M financing round – Shelley Kimel – Knoxville News Sentinel

605 New Jobs in Blount County – AMI development to be two phases – The Daily Times

400 Jobs in Loudon County – Truck manufacturer adding at least 400 jobs in Loudon County – WBIR Staff – WBIR

500 Jobs in Blount County – DENSO receiving land, tax abatement for expansion – The Daily Times

100 Jobs in Knox County – Travel Channel moving HQ to Knoxville – Shelley Kimel – Knoxville News Sentinel

228 Jobs in Blount County – Kroger Marketplace is “an experience” – The Daily Times

70 Jobs in Knoxville – Gov. Haslam Announces Regal Move to South Knox – Clay Duda – Knox Mercury

Super Weigel’s at Kingston Pike and Welsley Road is Open – Weigel’s opens new Knoxville store as convenience chain continues its growth – G. Chambers Williams III – Knoxville News Sentinel

Memphis’ Third Best Contribution to Tennessee (only behind the music and FedEx) – Gus’s Fried Chicken aims for Knoxville opening in early 2016 – Shelley Kimel – Knoxville News Sentinel

Anchor Tenant, Big Brothers, Big Sisters has moved in to Regas Building – Regas Building renovated to house nonprofits, cafe – Ed Marcum – Knoxville News Sentinel

Nice work John Haney at NAI Knoxville! – Upscale Rosarito’s Mexican Cantina opens on Lovell Road – G. Chambers Williams III – Knoxville News Sentinel

There you go Chad Ridner, now quit stalking me! (inside joke) – Knox company wins Intuit honor as the national “Firm of the Future” – Ali James – Knoxville News Sentinel

Couple of good quotes from yours truly – Knoxville commercial real estate strong, could soon feel pinch – Shelley Kimel – Knoxville News Sentinel

Looking forward to checking this out on our next date night! Oliver Royale opens with ‘New American’ menu, art deco vibe – Mary Constantine – Knoxville News Sentinel

38 Jobs in Cocke County – Log home manufacturer adding 38 jobs in Cocke County expansion – Shelley Kimel – Knoxville News Sentinel

Thanks to Boyd’s, the Old City is about to go through the roof – Chef Tim Love to bring Love Shack and Lonesome Dove Western Bistro to Knoxville – Mary Constantine – Knoxville News Sentinel

Former Knox Auto Parts/Moore’s Lumber on Clinton Highway Sells (Camo Painted Civic Not Included)

6226ClintonHwy_Aerial

6226 Clinton Highway
Knoxville, TN 37912
Submarket: North/Broadway

2015-10-05 10.30.15 HDR

+/-  37,500 square foot building(s)
Land Area (SF): 269,636.40 SF
Land Area (AC): 6.19 AC

Frontage: 465′ on Clinton Highway
Traffic Count: 26,150 AADT
Use: Commercial/Industrial

Sale Price: $1,035,000
Sale Type: Owner/Occupier
Price/SF: $31.33/SF
Price/Land SF: $3.84/SF

Recorded Buyer: Withheld
Recorded Seller: JTT Land Holdings, LLC
Buyer Broker: N/A
Seller Broker: NAI Knoxville – Sam Tate & James Roberson
Occupancy at time of sale: 0%

Sources: Knox County Register of Deeds Office, Costar, Courthouse Retrieval System, KGIS, TDOT

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Chipotle Coming to Oak Ridge – News Sentinel Staff, Knoxville News Sentinel
A Chipotle Mexican Grill is locating in a new retail development on South Illinois Avenue that also includes an Aspen Dental office, Great Clips and a Pie Five pizzeria. Read More

The Marble City Kitchen and the Firefly Open at the Hilton – Knoxville Urban Guy
Have you noticed the fuss outside the Hilton? The courtyard which for years has been more or less unattended is suddenly much more attractive, with interesting heavy-duty latticework looming above the space. Stadium-style seating… Read More

Retailers Raise Number of Store Openings Planned for the Next Two Years – Elaine Misonzhnik, NREI
Worries about the fallout from Chinese economic troubles notwithstanding, U.S. chain retailers upped the number of stores they plan to open in the short term, according… Read More

Multi-tasking is so 1990’s.

iStock_000049007044_DoubleMulti-tasking is so 1990’s.
I remember back to my earlier interviews and all employers wanted someone who was good at “multitasking.” I haven’t interviewed for a normal job in a while but I’m hoping that question has been thrown out the door. We’re constantly bombarded with distractions these days so it’s really important to shut stuff off and focus so you can get things done. This article from Success magazine, “How to Get More Done in Less Time” by  Michael Maven has some great tips. For the past year I’ve been using the “One Page Productivity Planner” from Brendon Burchard and it really helps me move the needle on what is most important.
 
BT’s Summer Mix is Out!
People are always asking what new albums to buy. If you haven’t gotten on the Spotify bandwagon you should check it out. I’ve been a premium subscriber for a while now and it is fantastic. If you buy music on a regular basis, this will save you a ton of money and let you discover a massive amount of music. Since my first dual deck boom box, I’ve been making playlists. Every season I’ll add all of the songs that I like to a seasonal playlist. Here are the 88 songs that I loved listening to this summer. The Fall – 2015 playlist is in the works and will be published the first day of winter. Enjoy!
 
Ever wonder what Mr. Jefferson’s Public Land Survey System looks like 230 years later?
Follow @the.jefferson.grid on Instagram to see what they find next.
 
Commercial Real Estate Rents in Knoxville are Affordable
10 U.S. Tech Markets with Fastest Growing Rents – Elaine Misonzhnik, National Real Estate Investor
According to the NAI Knoxville Q2-2015 Market Report office rents in the Knoxville are are averaging $14.72 per square foot. The closest comparable city in this list is Raleigh, NC and their average office rents are $23.31 per square foot. Ouch.
 
Funny Clip of the Week
I guess this is what Neyland will be like since AT&T upgraded the cell service. Hilarious. Folks opposed to the new cell tower in Fountain City might be on to something…

Three Tools to Help with Habits (and One Habit You Can Start Today)

What is one habit that would make you happier and more successful?
Here are four things that can help you get started:
Is the commercial real estate industry ready for how business is changing?

Bob Whetsel on Downtown, Cumberland Avenue and Retirement – Our own Josh Flory interviewed Bob on his recent retirement as the City of Knoxville’s Director of Redevelopment.

Big Chunk of Land Across from McGhee Tyson Airport Sells

Alcoa Hwy_2844(1)

2844 Alcoa Highway
Alcoa, TN 37701

Alcoa Hwy_2844(2)

Land Area (SF): 514,443.60 SF
Land Area (AC): 11.81 AC
Use: Multi-use Commercial

Frontage: 870′ on Alcoa Hwy
Traffic Count: 52,174 AADT on Alcoa Hwy

Sale Price: $925,000
Sale Type: Development
Price/Acre: $78,323.45/AC
Sale Date: May 27, 2015
Recorded Buyer: Hodge Family Ltd Partnership
Recorded Seller: Waggoner Development Co
Buyer Broker: Coldwell Banker Wallace & Wallace | Dick Bales
Seller Broker: Coldwell Banker Wallace & Wallace | Dick Bales

Zoning: General Business E; Planned Commercial Unit Development – E1 Regulations

Sources: Knox County Register of Deeds Office, Knoxville Area Association of Realtors, Costar, Courthouse Retrieval System, KGIS, TDOT

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Blount County Eye Center opens $2.1M facility
Blount County Eye Center on Monday opened a new $2.1 million expanded facility to accommodate the growing father-and-son practice.   KNS

Jewelry TV wants tax deal with Knox County
Jewelry Television wants to make a permanent home in Knox County, and wants the county commission to help by approving a tax deal for a property purchase.   KNS

Peerless Restaurant re-brands to K-town Tavern and will feature 40 craft brews
Within the next seven weeks Knoxville will be saying goodbye to the landmark bull statue that welcomes guests to the Peerless Restaurant, 320 N. Peters Road, and hello to a new sign announcing the opening of K-town Tavern.   KNS

A Tour of and Conversation about the Kern’s Bakery Building
Recently Urban Woman and I were fortunate enough to be invited to join friends Karen, John, Robin and Chris for a tour, just over the Henley Bridge, of the Kern’s Bakery Building with David Dewhirst as our guide. Karen won the tour in the silent auction in June at the Community Design Center event. We all enjoyed the tour – which David graciously extended beyond two hours as he spun stories of development, redevelopment and the general craziness that goes on in a city.   Inside of Knoxville

Former WNOX building to be auctioned
The 16,106-square-foot building is located at 4400 Whittle Springs Road. According to Knox Heritage, WNOX moved its studios to the property in 1955, and it played host to music programs including The Midday Merry-go-Round.   Bricks and Mortar

Alliance Brewing Company Nears Opening Date
The latest business gearing up for a late August opening along this stretch of road is Alliance Brewing Company. The opening has been a long time coming. Head brewer Adam Ingle told me they hatched the plan for the brewery literally years ago and thought it would have long been open before now. Turns out it’s complicated to open any business and probably more so a brewery.   Inside of Knoxville

 

Another Site on Bearden Hill Sells

Kingston Pike_6508_Barr

6508 Kingston Pike
Knoxville, TN 37919
Submarket: Bearden/Papermill/West Town

Kingston Pike_6508_Barr(2)

+/- 10,964  square foot building
Land Area (SF): 20,083 SF
Land Area (AC): 0.46 AC

Frontage: 120′ on Kingston Pike
Traffic Count:  AADT
Parking spots: approx. 10

Sale Price: $530,000
Sale Type: Investment
Price/SF: $48.34/SF
Price/Land SF: $26.39/SF

Recorded Buyer: Peoples Development Co. Inc.
Recorded Seller: Jean Barr
Buyer Broker: Tony Cappiello | Cappiello Real Estate
Seller Broker: Scott Smith | Volunteer Realty
Occupancy at time of sale: 0%

Sources: Knox County Register of Deeds Office, Costar, Courthouse Retrieval System, KGIS, TDOT

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Former Old City costume shop may be razed in favor of new development
The building that housed Big Don the Costumier, once an Old City mainstay and go-to for Halloween and masquerade apparel, may soon come down with a little incentive from the city.    Read More

Roundup of new restaurant offerings
More food options are coming to the 400 block of Gay Street, with Archer’s BBQ announcing it will complete the tenant mix in the J.C. Penney building.    Read More

Del Taco to open 10 restaurants in the area
The Del Taco Mexican quick-service restaurant brand announced today it plans to open 10 locations in the Knoxville area by 2021.    Read More

Blackhorse brewery seeks to expand
Blackhorse Pub & Brewery just marked its second anniversary at Western Plaza, but is already dealing with growing pains that have the owners mulling the possibility of a move.
Read More

Commercial Property Continues to Sell on Kingston Pike

Kingston Pike_10800_Saplings

10800 Kingston Pike
Knoxville, TN 37934
Submarket: Campbell Station/Farragut

+/- 2,324 square foot building
Land Area (SF): 65,340 SF
Land Area (AC): 1.5 AC

Frontage: 230′ on Kingston Pike
Traffic Count: 33,010 AADT
Use: Garden Center

Sale Price: $1,250,000
Sale Type: Investment
Price/SF: $537.87/SF
Price/Land SF: $19.13/SF

Recorded Buyer: Mohinder Sud, trustee & Maharaj Trust
Recorded Seller: Shuler Investments LLC
Buyer Broker: None
Seller Broker: Roger M. Moore, Jr. | Sperry Van Ness/R.M. Moore, LLC
Closing Date: July 2, 2015
Occupancy at time of sale: 100%

Sources: Knox County Register of Deeds Office, Costar, Courthouse Retrieval System, KGIS, TDOT

Information Deemed Reliable, But Not Guaranteed

Real Estate News Update

Urban Land Institute | Oakwood tour set for July 21
An ambitious redevelopment project in North Knoxville will be open for tours on Tuesday evening. The Urban Land Institute is hosting a project tour of Oakwood Senior Living, at 232 E. Churchwell Avenue, from 5 to 7 p.m.   Read More

As downtown grows, support organizations shift efforts
After their youngest daughter moved out of the house two years ago, Robin Thomas and her husband, Chris Crouch, decided they wanted to move from Memphis to a city with a vibrant downtown. Knoxville wasn’t on the list.   Read More

Jeffrey Nash plans office project on Sixth Ave.
A former industrial building near the Standard Knitting Mill has been purchased by developer Jeffrey Nash. The Courtland Group paid $285,000 for the property at 1132 N. Sixth Avenue, according to a deed filed with Knox County.   Read More

‘Serious’ interest shown in developing Andrew Johnson Building
By the time developers are done with the Andrew Johnson Building, Liberace, Betty Grable and Hank Williams Sr. wouldn’t even recognize it. From upscale apartments to a boutique hotel with more than 200 rooms and a spa, seven developers have shared their ideas of what they would do with the now 85-year-old, 18-story former luxury hotel.
Read More

New grocer to locate its second store in Oak Ridge
A new grocery store is opening soon in east Oak Ridge, and it’s only the second one of its type in the nation. Hank’s Grocery is setting up shop in the former Food Lion space in Briarcliff Square off Emory Valley Road, and the grand opening is Aug. 25. Food Lion closed that location last year as part of a reorganization.   Read More